(05:43 am) JoeyTSA :early gap down:
ONTX,GOGO,JBL,LNKD,AAPL (05:43 am) JoeyTSA
:early gap up: GILD,VCI (05:53 am) Mitch
King:Here is an interesting article you
should all ready later today:
http://finance.yahoo.com/news/accidental-tax-
break-saves-wealthiest-050100680.html (06:
08 am) Mitch’s Assist. :December 18, 2013,
Wednesday Pre Market Up: GILD, SYNM,
VCI, AMZN, SYNM, ZAGG, Pre Market Down:
GOGO, AAPL, QCOR, JBL, LNKD, MWE,
PAY (06:30 am) JoeyTSA :eye on
GOGO (06:30 am) Mitch King:watch OMER
again today, good trading stock
lately (06:30 am) Mitch King:watching AER
drop (06:31 am) JoeyTSA :eye on /CL
as it nears $98 (06:31 am) JoeyTSA
:MU (06:31 am) Mitch King:watching
PCYC (06:32 am) JoeyTSA :watching
PAY (06:32 am) Mitch King:Miller
Energy (06:32 am) Mitch King:MILL
dumping (06:32 am) Mitch King:monitoring
GIS (06:32 am) JoeyTSA :watching ICLD rom
yesterday (06:33 am) Mitch King:MWE
bouncing (06:33 am) Mitch King:watching
FMX (06:33 am) JoeyTSA :tighten GILD if
short (06:33 am) Mitch King:more downside
for LEN, shortable (06:34 am) Mitch
King:watching NTES (06:35 am) Mitch
King:watching NOV drop, energy (06:35 am)
Mitch King:KRFT also down along with GIS,
Kraft and General Mills (06:35 am) Qwert
:watching TWTR (06:35 am) JoeyTSA :eye on
TWTR (06:37 am) Mitch King:ENTA getting
interesting (06:37 am) Mitch’s Assist.
:watching YNDX (06:37 am) Mitch King:low
priced, BCRX (06:37 am) Mitch
King:watching BCRX (06:37 am) JoeyTSA
:lower vol ENTA on watch (06:38 am) Mitch
King:monitoring /CL 2-14 for top, just
watching overall (06:39 am) Mitch
King:watching JCI for bounce, micro
long (06:39 am) Mitch King:watchign IRBT
drop, looking to buy at bottom (06:40 am)
Mitch King:watching RMTI closer (06:40 am)
Mitch King:monitoring ESV (06:40 am)
Mitch’s Assist. :watching RMTI (06:40 am)
Mitch King:watching PCAR (06:41 am)
JoeyTSA :/CL testing R1 now (06:41 am)
Mitch King:the RMTI should be a short if
continues to move up higher first (06:42
am) Mitch King:homebuilders turning over,
short possible: DHI, TOL,
LEN (06:44 am) Mitch King:too late to buy
MILL now, watching to sell long (06:45 am)
Mitch King:ESV still dropping (06:45 am)
JoeyTSA :AAPL giving pullback (06:46 am)
JoeyTSA :just watching YELP (06:46 am)
Mitch King:monitoring AFSI drop (06:48 am)
Mitch King:watching NBL, Noble energy, lot of
energy stocks been moving this last week,
dropping (06:49 am) Mitch King:watching
PRGO (06:49 am) Mitch King:remember oil
inventoreis at 730 pacific, 40 minutes from
now (06:50 am) Mitch King:STLD
dropping (06:51 am) Mitch King:JCI still
trending down (06:52 am) Mitch
King:watchign EQT drop (06:53 am) Mitch
King:ESV turning up (06:56 am) Mitch
King:CL 2-14 chart got sell signal on 5 range
chart (06:58 am) Mitch King:monitoring
LNKD (06:58 am) Mitch King:STZ third food
stock ive seen drop, GIS, KRFT other
two (06:59 am) Mitch King:watching RSG
closer (07:00 am) Mitch King:watching MU
for bottom to buy (07:01 am) Mitch
King:more upside on AFSI bounce (07:01 am)
JoeyTSA :watching both AVGO and AGCO from
yesterday (07:01 am) Mitch King:watchign
WDC drop (07:02 am) JoeyTSA :eye on
VRTX (07:05 am) Mitch’s Assist. :Oil
inventories 23 minutes (07:06 am) Mitch
King:/CL toppy, remember inventory report in
23 min (07:10 am) JoeyTSA :tighten VRTX if
long (07:19 am) Mitch King:monitoirng
QCOR, missed bottom buy (07:27 am) JoeyTSA
:VRTX with move vol, keep on radar (07:29
am) Murano :watching QIHU (07:31 am) Mitch
King:oil inventoreies fell 2.94m
barrells (07:41 am) Mitch King:AFSI still
trending down (07:51 am) Mitch King:AFSI
bouncing (07:52 am) JoeyTSA :/ES pullback
to pp area (07:52 am) Mitch King:looking
for bounce in /CL soon (08:04 am) JoeyTSA
:AKAM popped a bit (08:19 am) Mitch
King:need to let it move and start new cycle
to have any signals that work (08:19 am)
Mitch King:this is no trading zone with
flatline price on /CL (08:29 am) Mitch
King:looking for bounce at this 97.50
level on CL 2-14 (08:34 am) Mitch
King:purple dash line still pegged to bottom,
still in downtrend (08:38 am) Mitch
King:monitoring EQT downtrend (08:52 am)
Mitch King:not really an uptrend yet, purple
dash line still on bottom (08:52 am) Mitch
King:on this /CL move up you buy on dips on
uptrend. uptrend just starting,.
only one dip so far since buy
signal (08:53 am) Mitch King:so you have
to be more aware that if /CL turns over, you
have to get out and or add a short. im
speaking of general overall, not trade idea
now (08:59 am) Mitch King:this dip here in
/CL should have a small bounce. When
you get a confirmed uptrend move you buy the
dips. (09:52 am) Mitch King:THunder 2
shows no sel zone to take any sell signals
for short (09:57 am) JoeyTSA :/NQ with big
moves today (10:03 am) JoeyTSA
:1770 (10:03 am) JoeyTSA :/ES testing
770 (10:15 am) Mitch King:ES dropping into
buy zone, not buy signal yet (10:23 am)
Mitch King:VRTX getting a little buying, more
of a short at top idea if moves
enough (10:56 am) Mitch King:chart on
lower left is ES 3-14 (10:58 am) Mitch
King:we should see a pretty good pop in
market indexes if Fed doesnt taper (11:00
am) Mitch King:tapering by $10
billion (11:00 am) JoeyTSA :sell
off (11:23 am) JoeyTSA :/NQ back over
pp (11:26 am) Mitch King:nice tradable
moves on this AER (12:16 pm) JoeyTSA :/ES
testing 1800 (12:59 pm) Mitch King:Have a
great night..see you tomorrow.
| (05:26 am) JoeyTSA :Good morning Qwer,
elec,regatta (05:26 am) JoeyTSA :busy day
of reports and fomc (05:27 am)
regatta :gm joey, qwert, elec (05:27
am) regatta :where’s ed been
lately? (05:28 am) Qwert :Good morning
Joey, elec, regatta (05:38 am) rd
:GM to all. should be an interesting
day (05:38 am) gum :Good morning
Joey, Quert, electrader, regatta. (05:42
am) JoeyTSA :/CL pp is 97.66, /ES pp = 1775
area (05:46 am) JoeyTSA :does anyone know
the monthly subscription rate to flyonthewall
and tradethenews? (05:54 am) regatta
:mitch, is that the article that talks about
the GRAT? (05:58 am) Mitch King:yes
regatta (05:59 am) Mitch King:its been
challenged during a Walton death and
survived. then Congress changed it but
they made this strategy work even better
after the change (06:00 am) Mitch King:the
attorney who designed this, said it only cost
$5,000-10,000 to setup (06:00 am)
regatta :that’s a great roi, 5-10k to
save millions (06:01 am) JoeyTSA :heck
yeah (06:01 am) Mitch King:its not a great
practice to be bragging about it on front
page of yahoo news this morning, lawmakers
don’t like that (06:02 am) regatta
:maybe congress will try to change it again
and make it even better still (06:03 am)
Mitch King:i hope not, if you think of it,
Obama doesnt have the political power to do
much now (06:03 am) Murano :good
morning (06:03 am) JoeyTSA :they dont
really want to change it i dont
think (06:04 am) regatta :changes
would hurt their donors (06:04 am) JoeyTSA
:yeah (06:04 am) Mitch King:he is so
unpopular, and has little credibility so i
think he is just going to enjoy the benefits
of being President for next 2 years, goofing
off, taking trips on air force one with his
200 people entourage (06:04 am)
regatta :and many rounds of
golf (06:05 am) regatta :the less he
“governs” the better for us (06:05 am)
Mitch King:you got that right
regatta (06:05 am) JoeyTSA :you have both
sides,some really think the guy is the most
amazing thing since the wheel, others see him
as the biggest hoax in US history (06:05
am) Mitch King:i think its the latter
joey (06:06 am) JoeyTSA ::) (06:06 am)
regatta :yep (06:06 am) Qwert :agree
mitch (06:06 am) Mitch King:his handlers
are now embarassed and work triple time to
keep him out of trouble (06:06 am) JoeyTSA
:its a bad circus (06:07 am) Mitch King:if
you really look at the masses now, the
education level is so low. mostly a
non-US citizen, non English speaking that
gave him many votes. when the education
level goes down, the decisions that result is
what we got, which is probalby going to be
the worst president in modern times (06:08
am) JoeyTSA :when the bill comes due it wont
be pretty (06:08 am) taco :gm
everyone thx Mitch Joey (06:09 am)
regatta :kind of like obamacare
bills (06:09 am) JoeyTSA ::) (06:10 am)
Mitch King:one good benefit of Obama being so
unpopular now, i dont think he will be able
to get his financial transaction tax through
like Europe did on day trading
stocks (06:10 am) JoeyTSA :true (06:11
am) regatta :a bright spot (06:17
am) JoeyTSA :markets didnt move much on
housing starts, wonder if much action until
fomc? (06:19 am) doji :Good day
fellas! (06:20 am) skydiver :gm
all (06:23 am) Qwert :gm sky,
doji (06:24 am) skydiver :gm
qwert (06:25 am) doji :Hi
Qwert (06:25 am) JoeyTSA :welcome home
doji 🙂 (06:26 am) skydiver :VCI
being acquired by Harland Clark Holdings for
$34.30 per share (06:28 am) doji
:Thanks Joey (06:28 am) JoeyTSA :thx
sky,looked like a buyout (06:28 am)
JoeyTSA :i saw the gap up an it pegged at 1
price (06:28 am) doji :Watch ULTA
today (06:29 am) doji :Waht time is
the Fe dannouncement? (06:29 am)
skydiver :2:00pm eastern doji (06:29
am) JoeyTSA :11pdt (06:29 am) Qwert :11
pst doji (06:29 am) jasio :good
morning (06:29 am) doji :That is
3:00PM ET right? (06:29 am) JoeyTSA
:except for congress, then its 10:58pdt
🙂 (06:30 am) JoeyTSA :2 et (06:30 am)
skydiver :ipo – AMC opens today around
$19 – $20 (06:30 am) doji
:Thanks (06:30 am) JoeyTSA :is that the tv
network sky? (06:30 am) skydiver :I
think movie company – not sure (06:31 am)
skydiver :I think you are correct
joey (06:32 am) skydiver :keeping an
eye on LNKD (06:34 am) doji
:Watching ULTA (06:35 am) skydiver
:monitoring GILD (06:36 am) JoeyTSA :/CL
ino $98 (06:40 am) JoeyTSA :eye on DDD,
missed bottom (06:41 am) skydiver
:3/4 out of GILD long (06:41 am)
skydiver :ipo – AMC – open (06:41
am) JoeyTSA :AMZN hod (06:42 am) JoeyTSA
:AMC network has had a few big hits past few
years (06:43 am) skydiver :yes
indeed joey (06:43 am) regatta
:watching ESV (06:45 am) JoeyTSA :BA
pulling back also (06:45 am) doji
:Watching DGX (06:47 am) skydiver
:closed out CL long (06:47 am) JoeyTSA
:/CL nice uptrend (06:47 am)
skydiver :all out of AMC long (06:48
am) skydiver :stopped out of my last
1/4 on GILD long (06:49 am) JoeyTSA :eye
on QIHU near $76 (06:50 am) skydiver
:thnx for reminder on oil report
Mitch (06:50 am) doji :ESV (06:57
am) doji :JBL (06:57 am)
regatta :watching BWEN (06:57 am)
regatta :low price (06:59 am)
JoeyTSA :LNKD got hammered (06:59 am)
freitag8 :CLsitting on PP for 1 min
chart (07:00 am) freitag8 :ooops…
not PP… r1 (07:00 am) doji :ULTA
still strong from yesterday move (07:00
am) JoeyTSA :good one doji (07:02 am)
regatta :watching MU (07:03 am)
JoeyTSA :AGN trying for $100 (07:06 am)
skydiver :LNKD – ITG research – Q4
revenue is trending $437m compared to
expecations of $442 (07:06 am) JoeyTSA
:thx sky (07:07 am) skydiver :no
problem (07:08 am) skydiver
:monitoring TSLA’s drop (07:10 am)
doji :ULTA sweeeeetttt (07:11 am)
JoeyTSA :VRTX miht run, keep on
radar (07:11 am) skydiver :thnx joey
and nice job doji on ULTA 😉 (07:11 am)
JoeyTSA :/NQ shrt on loss of pp was
beauty (07:12 am) skydiver :great
joey 🙂 I’m not trading /NQ as of
yet but looking forward someday 🙂 (07:13
am) JoeyTSA :i keep it up along wth /YM
also (07:13 am) skydiver :gotcha
joey (07:14 am) doji :Watching
SLB (07:14 am) skydiver :LNKD – slow
rise so far (07:17 am) skydiver
:LNKD hit vwap ceiling (07:20 am)
doji :FB finalyy broke VWAP (07:24
am) JoeyTSA :nice on LNKD sky, about $4
move (07:24 am) skydiver
::) (07:24 am) skydiver :thouight
LNKD was “over sold” (07:24 am)
skydiver :all out of LNKD here – –
keeping profit (07:25 am) JoeyTSA :$$ky
🙂 (07:25 am) skydiver ::) (07:25
am) klas :Nice Sky (07:25 am)
skydiver :thnx klas (07:25 am)
JoeyTSA :/CL basing around R1 going into
report (07:26 am) JoeyTSA :hey klas,hope
all is well (07:28 am) JoeyTSA :AXN
testing $125 (07:29 am) JoeyTSA :thats
ALXN not AXN (07:29 am) JoeyTSA :big
pullback qwert (07:30 am) JoeyTSA :i mean
murano (07:30 am) JoeyTSA :QCOR couple
decent moves so far (07:32 am) JoeyTSA
:thx Mitch (07:33 am) JoeyTSA :break time,
great calls/moves today, see you in
20 (07:35 am) skydiver :see ya
joey (07:35 am) taco :nice call BWEN
regatta (07:37 am) regatta
:tks (07:44 am) doji :TSLA slowly
drifting to $150 (07:46 am) doji
:FSLR (07:52 am) freitag8 :PP is at
97.63 on 1 min chartfor CL (08:13 am)
skydiver :Have a great day everyone. .
. see ya tomorrow 🙂 (08:14 am)
skydiver :and AKAM popped due to a buy
out rumor . . .ok I’m gone (08:14 am)
JoeyTSA :have great day sky (08:22 am)
doji :TWTR (08:37 am) doji
:TSLA holding S1 (08:53 am) doji
:/CL at pivot Mitch (09:00 am) doji
:/CL having issues with pp at 97.66
Mitch (09:00 am) freitag8 :eye on
CL, finger on the trigger… (09:04 am)
Mitch King:yeah doji, real slow vol because
of FOMC announcement day, couple more hours
til news release. today is a really big
day for market to see if bond tapering
stgarts (09:04 am) Mitch King:i doubt it
will, its just the press getting
anxiety (09:05 am) Mitch King:freit tag,
my read on this dip is it gives us
around 10-15 ticks from here on the upside
for CL 2-14 (09:13 am) Mitch King:i listen
to this when trading:
http://www.youtube.com/watch?v=OG2eGVt6v2o (09:16 am) Qwert :i listen to
motown (09:17 am) Mitch King:is that
rowdy? (09:18 am) Qwert :no not at all
very relaxing music like earth, wind and
fire (09:18 am) Qwert :or joeys band
radiant (09:19 am) Mitch King:i dont want
any distractions, lyrics, just low
stress (09:23 am) Qwert :same here mitch
its very relaxing to me (09:24 am) Murano
:if you took QIHU long would sell some
here (09:26 am) Qwert :nice /CL call
mitch (09:26 am) Mitch King:thats all i
thought was a high odds move (09:27 am)
Mitch King:im out of it now, just waiting and
watching (09:28 am) Qwert :what r u
watching for a certain area? (09:52 am)
Mitch King:see this chart here where you have
sell signals in the sell zone and a buy
signal in a buy zone? thats what you
want (09:52 am) Mitch King:this transition
here from buy to sell zone should not be
shorted (09:53 am) Mitch King:on the CL
2-14 chart being displayed here (09:54 am)
regatta :HALO moving (09:56 am)
JoeyTSA :/CL back to 98, R1 area (09:58
am) JoeyTSA :/NQ down about 30pts from
failure of 200ma, then pp (09:59 am)
JoeyTSA :almost makes me wonder which
congress member shorted and is now loading up
lower 🙂 (10:05 am) freitag8
:FED comments due in 1 hour, is that
right? (10:07 am) JoeyTSA :yep (10:12
am) Mitch King:yes should be around 11am
pacific time (10:14 am) doji :Market
taning (10:47 am) doji :14 minutse
for the FEd announcement, tight your
belts (10:48 am) JoeyTSA :was decent /ES
short from 1770 to S1 (10:52 am)
doji :Will keep an eye on the SPY
aduring teh Fed news.. (10:56 am)
freitag8 :that was an interesting 2
minutes on GOLD (10:56 am) JoeyTSA :/ES
back to 1770 (10:56 am) JoeyTSA :yeah
freitag, one reason i have been
avoiding /GC lately (10:57 am) Mitch
King:i’d give it about 20% chance of Fed
tapering, probably less than that (10:57
am) freitag8 :i was finding my sell
button on GC when it took off downward… I
missed it by about 10 seconds (10:57 am)
freitag8 :i agree Mitch.. (10:59 am)
doji :1 minute for Fed
decisition (10:59 am) JoeyTSA :here is
some action (11:00 am) doji :Wow big
drop in the SPY (11:01 am) JoeyTSA :should
be a bit of a recovery (11:02 am) JoeyTSA
:beautiful move (11:03 am) doji
:Dang I hate my internet connection, seeing
dealyed quotes (11:06 am) JoeyTSA :insane
moves (11:07 am) doji :I am just
watching cannot do anything else
unfortunately, quotes are delayed over 30
seconds (11:07 am) skydiver :market
seems to like the report from Fed? (11:08
am) JoeyTSA ::) (11:08 am) skydiver
:nice 🙂 (11:10 am) doji :Nice
Sky… (11:10 am) skydiver :sorry
doji you have such slow connection — not fun
i’m sure (11:11 am) JoeyTSA :yeah, that
cant be fun (11:11 am) skydiver :now
I’m thinking to start looking for a few
shorts with such a surge (11:11 am)
skydiver :in due time (11:12 am)
doji :I am very pissed off… (11:16
am) JoeyTSA :should have taken that short,
but i didnt (11:18 am) skydiver :wow
. . . like fishing with a net (11:19 am)
skydiver :covering most of my shorts
now (11:19 am) taco :which did you
pick sky? (11:20 am) JoeyTSA :great job
sky, i stayed away..was happy with that huge
upmove (11:20 am) skydiver
:F CRM
JOY LNKD (11:20 am)
skydiver :sorry . . was so busy for a
bit (11:21 am) taco :nice
sky (11:23 am) skydiver :thnx taco .
. . I thought market would drop after the big
surge . . it’s trying to settle in
now (11:23 am) skydiver :wow . . I
was busy in the office , looked up and saw
the time, booted my computer just in nick of
time . . . whew (11:24 am) JoeyTSA :nice
timing (11:24 am) skydiver :I would
have kicked myself if Ihad missed
this!! (11:25 am) skydiver :ok, now
to settle down and get back to my office work
. . . think I’ll have steak for lunch today
🙂 (11:25 am) skydiver :oh . . I
mean a nice vegan lunch 🙂 (11:25 am)
JoeyTSA :there ya go (11:25 am) JoeyTSA
:save that heart (11:25 am) skydiver
:and Portland has a nice Vegan restaurant
downtown 🙂 (11:25 am) JoeyTSA :Blooming
Lotus is there, heard its great (11:26 am)
skydiver :yes. . very
good (11:26 am) JoeyTSA :we have a bunch
of places here in vegas thankfully (11:26
am) skydiver :nice (11:26 am)
doji :See ya guys, make no sense for me
to stay connected when I have a 30 seconds
delay in my quotes, that is just a waste of
time (11:26 am) skydiver :sorry
doiji .. .bummer . . see ya. . . (11:26
am) JoeyTSA :bye doji, enjoy the
day (11:26 am) taco :cya
doji (11:27 am) skydiver :we’ve got
to get doji to move to the U.S.A so he can
trade better (11:27 am) skydiver :or
I should say have better internet
connection. He’s a good
trader (11:27 am) JoeyTSA :yep (11:28
am) JoeyTSA :missed bounce on /CL intopit
close (11:28 am) JoeyTSA :ran right back
to R1 (11:28 am) skydiver :taco . .
only reason I went with those stocks I traded
is they were already on my screens when I
booted up . . didn’t have time to
research others for this big event (11:29
am) taco :right thx sky (11:29 am)
skydiver ::) (11:32 am) Mitch
King:sorry guys, i was on a simulated data
feed trying to learn something so my charts
bneing displayed on the projector were not
accurate for last 20 minutes, (11:33 am)
JoeyTSA :eye on AAPL (11:35 am) taco
:TWTR watch (11:35 am) taco :not
huge move (11:37 am) JoeyTSA :moves on
indices still very good (11:40 am) Mitch
King:taking exercise break (11:41 am)
JoeyTSA :enjoy Mitch (11:47 am) taco
:eye on GOGO (12:18 pm) skydiver
:TWTR strong (12:19 pm) JoeyTSA :didnt
even have TWTR up (12:19 pm)
skydiver :taco mentioned
earlier (12:19 pm) JoeyTSA :yeah, i
mentioned AAPL and let it go too (12:19
pm) JoeyTSA :been focused on the
future (12:19 pm) skydiver
:understand . . . I think we all do . .
hindsite so clear (12:20 pm)
skydiver :LNKD strong so far (12:21
pm) JoeyTSA :/ES up almost 40pts from that
initial pullback after the release (12:21
pm) skydiver :nice (12:21 pm)
JoeyTSA :im not, it is haha (12:21
pm) skydiver :well . . nice anyway for
someone 🙂 (12:21 pm) JoeyTSA :got decent
slice of it, but not 40pts (12:21 pm)
JoeyTSA :think im done for the day (12:21
pm) skydiver :lilke eating pie . . . a
slice still nice to have 🙂 (12:21 pm)
skydiver :ok . . have a great day
joey (12:22 pm) taco :cya
joey (12:22 pm) skydiver :all out of
LNKD long and I’m done as well. . . see you
all tomorrow (12:22 pm) JoeyTSA :might
stick around, just not going to force a trade
and give money away (12:22 pm)
skydiver :good wisdom (12:22 pm)
taco :cya sky have a great
day (12:23 pm) skydiver :you too
taco — I’m gone 🙂 (12:23 pm) JoeyTSA
:bye sky (12:23 pm) skydiver
:;) (12:23 pm) Murano :see you
sky (12:23 pm) JoeyTSA :you could have
thrown darts at any of the big names and had
good profits (12:28 pm) JoeyTSA :neg div @
1800 ave ok short (12:28 pm) JoeyTSA
:gave (12:29 pm) JoeyTSA :Thanks
Mitch,Murano,Qwert, everyone (12:29 pm)
JoeyTSA :enjoy the day, see you all
tomorrow (12:33 pm) Murano :see you
Joey (12:40 pm) Murano :done for the day,
see you tomorrow (12:41 pm) taco
:cya murano, me too, thanks everyone have a
great night (12:43 pm) jasio :Thank
you for today and have a good
afternoon. (12:59 pm) freitag8 :Have
a good day Every1
|